A vast solar power array with wind turbines at an Adani Green Energy renewable energy facility in Kutch
Ahmedabad: Adani Green Energy Limited, the renewable energy arm of ports-to-power conglomerate Adani Group , posted a standalone profit after tax of Rs 33 crore in the July-Sept quarter of FY 2027. The company’s profit fell 93% year-on-year, compared with Rs 475 crore in the corresponding period last year.
The company reported a standalone loss of Rs 18 crore for the first half of FY27, against a profit of Rs 509 crore in the year-ago period, according to its unaudited financial results released by the company in a stock exchange filing on Tuesday. Adani Green’s energy sales increased 32% year-on-year to 25,747 million units in H1 FY27, while operational renewable energy capacity grew 24% to 20.8GW. The company added 4,083MW of renewable energy capacity during the first half. It also added 3,081MWh of battery energy storage capacity at Khavda in Q2, taking its cumulative operational storage capacity to 6,632MWh. Adani Green invested Rs 17,160 crore in capital expenditure during H1 FY27, up 38% year-on-year. Its net debt-to-run-rate EBITDA ratio stood at 5.6 times. The company is developing a 30GW renewable energy plant at Khavda in Gujarat and is targeting 50GW of operational renewable energy capacity by 2030.
The standalone results contrast with the company’s renewable energy business performance. You Can Also Check: Gold Rate in Ahmedabad | Silver Rate in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad | Ahmedabad AQI | Weather in Ahmedabad | Petrol Price in Ahmedabad | Diesel Price in Ahmedabad | CNG Price in Ahmedabad | LPG Price in Ahmedabad